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The Financial Planning Association has confirmed the inevitable hit on the Certified Financial Planner designation resulting from the Financial Adviser Standards and Ethics Authority regime but is pointing to the value of its continuing professional development offering.
Resolution Life has signalled it wants to complete the AMP Life deal despite the regulatory hurdles while life/risk executives contemplate what a resumption of AMP Life would mean for the sector.
With the Commonwealth Bank confirming via its Pathways exit its intention to exit its wealth management businesses over time, attention has turned to the future of Financial Wisdom.
The Commonwealth Bank has cleared the way for exiting its self-employed adviser ‘Pathways’ franchise following issues initially notified to the Australian Competition and Consumer Commission.
Financial advisers have been pointing to a document produced by the Financial Planning Association to reinforce their argument for a 12-month extension to the Financial Adviser Standards and Ethics Authority adviser exam deadline.
